I am currently doing my homework on how to obtain a loan under an LLC for a property that I would like to buy and rent out.

@Nate SanowMy properties all have loans on them; LTV under 70%.  

Then I took out a HELOC to buy the second house hack and did an FHA 203(k) loan to remodel and expand the main house and convert the garage into an ADU.

I learned about seller financing and was okay to offer a 30-year loan, a 5-year balloon, and 10k down.

Are you sure you can get a 30 year loan at 6.60% to purchase a property in this condition that needs $100k of work?

This is because FHA loans are assumable, which means that a potential buyer is willing to pay a higher price for a home if they can take over the existing low-interest rate mortgage.

I understand that VA loans are assumable, but I'm unsure how this affects the original borrower's ability to use their VA loan benefits in the future.

You get a 30yr loan on a fixed rate, the debt is paid by the tenants, while you still cash flow.

What are the best ways to estimate the material only cost not including labor?

I have multiple sales closing next month, but have a situation where Im cash strapped and personally need $5k for less than $30 days.Does anyone do these type of loans not based on credit and fund fast?